For Sale: 198 Princess Street, Saint John, NB - REW
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$1,200,000
0 bd • ba • 3650 sf • Multifamily
198 Princess Street
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$1,200,000

198 Princess StreetSaint John, NB, E2L 1K9

  • 0 Bed
  • Bath
  • 3650 Sqft
  • Multifamily

About this home

A rare Uptown asset combining executive-level living space with multiple income-producing units, this century-old brick brownstone delivers both prestige and performance. Thoughtfully renovated with modern finishings while preserving the classic architectural detailing that defines Uptowns historic charm, the building offers investors a high-confidence blend of stability, desirability, and long-term appreciation potential. The nearly 2000 sq ft executive suite spans the top two floors and serves as a premium anchor unitideal for maximizing rental income or for owner-occupiers seeking significant offset. This suite includes a private rooftop deck with unobstructed views of the Bay of Fundy and Saint John Harbour, an open-concept kitchen and living area with granite-topped island and built-in wine fridge, plus refined finishes throughout. The first level features a kitchen, living room, and 3/4 bath, while the upper level offers rooftop access, a spacious den/office, and a large primary bedroom with tile-shower ensuite and walk-in closet. I addition to the executive suite, the property generates reliable income through a diverse and efficient unit mix: Three One-Bedroom Units strong demand profile and consistent tenancy Two Bachelor Units low turnover, high affordability appeal Off-street parking for one vehicle adds convenience in this high-demand Uptown location, further supporting tenant retention and premium rents. Whether operated as a fully rented turnkey investment or owner-occupied with substantial income support, this property offers exceptional flexibility, strong cash-flow fundamentals, and a prime location in one of Saint Johns most sought-after neighbourhoods. A standout opportunity for investors seeking a stable, upscale, and strategically positioned multi-unit asset. (id:63626)
Listed by: Chris Gallant, Salesperson, Royal LePage Atlantic

Home facts and features

Price details
List Price
$1,200,000
Gross Taxes for 2026
$11,197
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
1872 ft²
Depth
Title
Freehold
Exterior Finish
Brick
Heating Type
Heat Pump, Electric
Cooling
Heat Pump
Basement Details
Crawl space
Features
Balcony/Deck/Patio
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Agent details
Primary Agent
Chris Gallant
Primary Broker
Royal LePage Atlantic
Secondary Agent
Kevin Donovan
Secondary Broker
Royal LePage Atlantic
Tertiary Agent
Tertiary Broker
Royal LePage Atlantic
Listing details
Days on REW
4 Days
Property Views
16
MLS® Number
NB149647
Source
Canadian Real Estate Association
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Property Insights

St. Malachy's Memorial High School
  • n/a
  • 9 - 12
  • In Catchment
Prince Charles School
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  • K - 8
  • In Catchment
St. John The Baptist/King Edward School
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  • K - 8
  • In Catchment
Saint John High School
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  • 9 - 12
  • In Catchment
Princess Elizabeth School
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  • K - 8
  • In Catchment
Bayside Middle School
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  • 6 - 8
  • In Catchment
Divine Mercy Catholic School
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  • K - 9
  • In Catchment
Harbour View High School
  • n/a
  • 9 - 12
  • In Catchment
Centennial School
  • n/a
  • K - 5
  • In Catchment
Bayview School
  • n/a
  • K - 5
  • In Catchment
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Call Agent
Salesperson
Chris Gallant
Phone:
(506) 639-3380
Office:
506-658-6440
Salesperson
Kevin Donovan
Phone:
(506) 333-7596
Office:
506-658-6440
Tanya Craft
Phone:
(506) 650-3801
Office:
506-658-6440
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